Alter Professional Fellowship (6 months)
Myanmar / Bangladesh
Alter Fellowship Program
Alter Global’s mission is to transform developing countries through high-growth entrepreneurship. At Alter, we believe that traditional international aid fails to get at the root cause of extreme poverty: a lack of sustainable jobs. So, we find businesses in the developing world that have the potential to create economic opportunity at scale in their home country. We provide them with the highest quality services and resources they need to grow. Alter’s portfolio ventures - tech-enabled ventures that are beyond product-market fit - are creating thousands of jobs, providing value to millions of consumers, and changing the economic landscape of their home countries. Our current countries of operation are Myanmar, Haiti, Cuba, and Afghanistan, and Bangladesh.
Alter was founded three years ago out of Stanford’s Graduate School of Business. Alter currently works with 17 ventures in Haiti, Cuba, Afghanistan, and Myanmar. So far, the portfolio companies have created 1,200 jobs, grown their revenues by over $100M, and have provided basic services to over 2 million people living in poverty around the world.
Alter Fellowship Program
The Alter Fellowship Program is designed to provide professionals with the opportunity to work alongside the executive leadership of rapidly growing companies in emerging markets on key strategic initiatives. Alter selects these companies because they are at the forefront of technological and business innovation in their respective market environments. The Fellowship Program will start on July 2 with an orientation and conclude on December 23.
Alter’s Fellows will be instrumental in the growth and strategic operations of ventures that are creating economic opportunity in the world’s least developed places. Alter’s ventures are creating value and forging new paths for business in frontier markets, and Fellows play a crucial role in creating this impact.
Working alongside exceptional entrepreneurs at best-in-class companies, Fellows will:
- Use their business skills and experience to create profitable and impactful businesses in challenging environments
- Understand and be immersed in a new business culture and geography
- Gain access to the Alter network of Silicon Valley leaders and experts, global companies and entrepreneurs, and Alter’s leadership
Alter will organize an orientation and a short training program in San Francisco for the Fellows to meet each other and learn more about Alter’s model and its partner companies. At the orientation, the Fellows will develop learning outcomes for their individual goals for the duration of the fellowship. The orientation will also include training on business cultures in Alter’s countries of operation, briefs on host organizations, and resources that the Fellows will have access to on the ground. The orientation will allow the Fellows to meet and bond with their cohort and meet Alter’s staff and supporters.
Fellows have the option to embark on project-based experiences lasting for approximately six months. Projects will launch in July 2018 and the projects may be in either Myanmar or
Bangladesh. Host companies will provide Fellows with housing, transportation, and a stipend that will be sufficient to cover living expenses within the country. The Fellow will be embedded within the organization and report to senior management within the host organization.
Alter contacts on the ground
Alter’s Director of Asia will be available for the Fellows in Myanmar and Bangladesh to ensure they have the best environment to perform and learn through their projects. While Alter’s Director of Asia will exist as a part of the Fellows’ support network and can be a resource if any challenges arise, the Fellow will not be supervised by Alter personnel daily. Instead, Alter will ensure that the Fellow’s overall experience is fulfilling and comfortable by checking in on a biweekly basis.
- At least 2 years of work experience, which ideally include independently driving parts of client projects and maintaining strong relationships with client teams
- Undergraduate degree is required
- Candidates are not expected to have prior experience in any specific industry or country
- Candidates are not expected to be fluent in any language except for English
- In addition to an alignment with Alter’s values, an ideal candidate is ambitious, not afraid of risks, persistent, and wants to help transform economies in emerging markets
Application and Interview Process
- Candidates should apply by March 31, 2018. Alter will work with its partner companies to select candidates for interviews.
- The Alter Fellows interview process is centered around a small project that the candidate develops with Alter. A typical interview project may include (but is not limited to) the analysis of a product idea or a potential revenue stream for one of Alter’s partner companies, or the analysis of a strategic decision for Alter Global. During this project, the candidate can also better understand Alter’s internal management structures and work culture.
For more information, please review the full Alter Fellowship Brochure